§ 32. Mr. Ioan Evansasked the Secretary of State for the Environment what further arrangements are being worked out with the Building Societies Association to ensure that mortgage lending is stabilised in future years.
§ Mr. ShoreThe stabilisation arrangements which have operated since 1975, through the Joint Advisory Committee on Building Society Mortgage Finance, will continue to be the main instrument to secure an even flow of mortgage finance. We made a number of proposals in Chapter 7 of the Green Paper on housing policy to strengthen and develop these arrangements. I am now considering the various responses to them.